Press release
New report: Global and Chinese Train Seat industry forecast 2014-2025
Trains are a comfortable, fast, and convenient mode of transport for public as they play a vital role in the transportation system of any nation by delivering a viable economic growth. Trains are a viable alternative to domestic aviation by reducing traffic congestion while connecting different cities and enhancing business productivity. Moreover, they are eco-friendly and have low energy consumption. Various governments are engaged in designing faster and convenient modes of transportation and invest heavily in rail infrastructure projects. The global train seat market is expected to grow at a CAGR of 2.2% from 2017 to 2025.The market is segmented by train type, seat type, railcar type, and geography. Furthermore, type of trains includes light trains, passenger trains, high-speed trains, trams, and monorails. Based on the type of seat, it is classified into regular seat, recliner seat, folding seat, dining seat, and smart seat. By type of railcar, it is sub-segmented into overload, subway, and long-distance. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Market Dynamics:
Drivers:
• Increase in government investment
• Increase in safety concern
• Adoption of rail transport due to cost-efficient and huge capacity
Restraints:
• High foundation cost
• Lack of capital in few nation
Market Players:
The top players in the global train seat market include Faurecia Automotive Seating, The Fenix Group Company, Freedman Seating Company, Grammer AG, Harita Seating System Ltd., Magna International Inc, Saira Components S.r.l., Transcal Company, Camira, and Compin Fainsa
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MARKET LANDSCAPE
By Train Type
• Light Train
• Passenger Train
• High-Speed Train
• Trams
• Monorail
By Seat Type
• Regular Seat
• Recliner Seat
• Dining Seat
• Folding Seat
• Smart Seat
By Railcar Type
• Overland
• Subway
• Long-Distance
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
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